Bitcoin Retakes $50K on US Stimulus Progress; Uniswap’s UNI Cracks the Top 10

[Btceth01]

Bitcoin, a perceived store of value asset, trades higher on Sunday, with U.S. President Joe Biden on the verge of passing an historic $1.9 trillion fiscal stimulus plan aimed at accelerating economic recovery.
The top cryptocurrency is changing hands near $50,500 at press time, representing a 4% gain on the day, having clocked a high of $51,320 early today, according to CoinDesk 20 data. Source link

[lepbagong]

Information like this about the stimulus that will be carried out by the US will certainly affect bitcoin, because it is likely that investors will continue to roll out their funds to be able to buy and save because they are very confident that bitcoin will increase if what Joe Biden is doing is proven.

just not doing it can make the market respond positively, especially if it happens. it is possible that many large companies will also be interested in investing because it is enough to make them very interested. the benefits obtained are very promising compared to companies investing in others.